ArcelorMittal raises European coil offers by $44 per tonne, sources say

ArcelorMittal has increased its offer prices in Europe for all flat steel products by ?,?40 ($44) per tonne, effective immediately, market sources told Fastmarkets on Tuesday December 3.

ArcelorMittal's new offer for first-quarter rolling hot-rolled coil was ?,?450 ($497) per tonne ex-works in Germany.
Fastmarkets' latest weekly price assessment for steel HRC, domestic, exw Northern Europe, was ?,?420-425 per tonne on November 27, based on average deal prices.

The company has also announced a...

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